IRA and Retirement Plan Quickfinder Handbook

The retirement plan handbook trusted by tax planning advisors

The tax rules for IRAs and retirement plans can be confusing, often differing from plan to plan with important amounts changing from year to year. The IRA and Retirement Plan Quickfinder Handbook provides quick answers to questions involving eligibility, making contributions, limits on contributions and elective deferrals, covering employees, how distributions are taxed and when they are required, penalties, and selecting beneficiaries, just to name a few.

Quickly find accurate and concise retirement tax planning answers in our IRA handbook

Whether encountering questions when preparing returns or advising a client on his or her retirement plan options, this Handbook will provide you with the answers you need in a quick-access, easy-to-read format. In addition, you’ll have all the different IRA and retirement plan amounts right at your fingertips.

With this Handbook, you’ll get:

• The ins-and-outs of traditional and Roth IRAs, with numerous examples to illustrate the key features
• The similarities and differences between SEPs, SIMPLE-IRAs, solo 401(k) and other small business retirement plans, including key factors to consider when choosing a plan
• What you need to know about how distributions are taxed, how beneficiaries can impact payouts, and what’s required for a tax-free rollover
• Quick answers without having to search through multiple publications or websites

See information above for new edition availability. To order the current or prior tax year editions, please call us at 800-431-9025.

• IRA and Retirement Plan Quickfinder Handbook 2020
  • IRA and Retirement Plan Quickfinder Handbook
  • Tab 1—Traditional IRAs & SECURE Act
    • What Is a Traditional IRA?
    • Setting Up an IRA
    • Contribution Limit
    • When Can Contributions Be Made?
    • Deducting IRA Contributions
    • Nondeductible Contributions
    • Excess Contributions
    • IRA Transfers Related To Divorce
    • Inherited IRAs
    • Payroll Deduction IRAs
    • Prohibited Transactions
    • What’s New
  • Tab 2—Roth IRAs
    • What Is a Roth IRA?
    • Contributing to a Roth IRA
    • Converting IRAs to Roth IRAs
    • Recharacterizing IRA Contributions
    • Reporting a Recharacterization
    • Rollovers From an Employer Plan to a Roth IRA
    • Special Rollover Situations
    • Roth IRA Distributions
    • Required Minimum Distribution Rules for Roth IRAs
    • Excess Contributions
  • Tab 3—SIMPLE IRA Plans
    • Who Can Set Up a SIMPLE IRA Plan?
    • Who Can Participate in a SIMPLE IRA Plan?
    • Establishing a SIMPLE IRA Plan
    • Participating in a SIMPLE IRA Plan
    • Contributions to a SIMPLE IRA Plan
    • Tax Treatment of Contributions
    • Communicating With Employees
    • Reporting Requirements
    • SIMPLE 401(k) Plan
    • Tax Credit for Plan Startup Costs
  • Tab 4—SEP Plans
    • What Is a SEP Plan?
    • Setting Up a SEP Plan
    • Formal Written Agreement
    • Covered Employees
    • SEP Plan Contributions
    • Excess Contributions
    • Employer Responsibilities
    • Salary Reduction SEP (SARSEP)
  • Tab 5—401(k) and 403(b) Plans
    • What Is a 401(k) Plan?
    • Setting Up a 401(k) Plan
    • 401(k) Plan Contributions
    • One-Person 401(k) Plans
    • Safe-Harbor 401(k) Plans
    • Automatic Enrollment 401(k) Plans
    • Nondiscrimination Rules
    • Corrective Distributions
    • Participant Loans
    • Employer Responsibilities
    • 403(b) Plans
  • Tab 6—Other Qualified Plans
    • Qualified Plans
    • Qualification Rules
    • Establishing a Qualified Plan
    • Profit-Sharing Plans
    • Money Purchase Pension Plans
    • Stock Bonus Plans
    • Employee Stock Ownership Plans (ESOPs)
    • Defined Benefit Plans
    • Pension Benefit Guaranty Corporation (PBGC)
    • Vesting Requirements
    • Prohibited Transactions
    • Reporting Requirements
  • Tab 7—Distributions
    • IRA Distributions
    • Qualified Plan Distributions
    • How Qualified Plan Distributions Are Taxed
    • Qualified Plan Distributions—Reporting and Withholding
    • Required Minimum Distributions
    • Hardship Distributions
    • Tax on Early Distributions
    • Tax on Excess Accumulations
    • Lump-Sum Distributions
    • Dividing Retirement Accounts in Divorce
    • Qualified HSA Funding Distribution
    • IRS Sample Language for Inclusion in QDROs
      • Sample Language for Inclusion in QDRO
  • Tab 8—Rollovers
    • Rollovers—Overview
    • Time Limit for Making a Rollover
    • Waivers to Time Limit
    • Rollovers From IRAs
    • Rollovers From SIMPLE IRAs
    • Rollovers From Qualified Plans
    • In-Plan Roth Rollovers
    • Consequences of Failed Rollovers
    • Options for a Surviving Spouse
    • Options for Nonspouse Beneficiaries
    • Special Rollover Situations
  • Tab 9—Beneficiaries
    • Choosing a Beneficiary
    • Contingent Beneficiary
    • Spouse as the Beneficiary
    • Special Spousal Rules for Certain Qualified Plans
    • Nonspouse Beneficiary
    • Trust as Beneficiary
    • Charity as Beneficiary
    • Multiple Beneficiaries
    • Changing the Beneficiary
  • Tab 10—Choosing a Small Business Plan
    • Selecting a Plan
    • Client Handout—Small Business Retirement Plans
  • Tab 11—Correcting Plan Errors
    • Plan Disqualification
    • Employee Plans Compliance Resolution System (EPCRS)
    • Self-Correction Program (SCP)
    • Voluntary Correction Program (VCP)
    • Audit Closing Agreement Program (Audit CAP)
    • SEP Plan Errors
    • SARSEP Plan Errors
    • SIMPLE IRA Plan Errors
    • 401(k) Plan Errors
    • Delinquent Filer Voluntary Compliance Program (DFVCP)
    • Voluntary Fiduciary Correction Program (VFCP)
  • Tab 12—IRS Materials
  • Back Cover

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